Get a property report and suburb profile for any property in Narooma

Join the 2 million Australians* who use our services every year.

Geo Page

Narooma suburb profile

Narooma is a picturesque coastal town on the South Coast of New South Wales, renowned for its stunning natural beauty and relaxed lifestyle. Nestled by the Wagonga Inlet and surrounded by pristine beaches, Narooma offers a haven for outdoor enthusiasts, with activities such as fishing, boating, and whale watching. The town is famous for its iconic Australia Rock and the nearby Montague Island, a sanctuary for seals and penguins. With a welcoming community, charming local shops, and a focus on sustainable living, Narooma is a beloved destination for both residents and visitors seeking tranquility and adventure.

Narooma property market performance

Current median dwelling price$597,000Past 3 months

Property growth-7.9%Past 12 months

Narooma's property market has seen a moderate increase in house values by 3.7% over the past 12 months, while unit values have remained stable. Although the specific median house and unit prices are unavailable, sales activity shows that 10 houses and 9 units have been sold recently. The market seems slow, with houses taking a median of 83 days and units 76 days to sell, indicating a cautious buyer approach.

In the rental market, house rent has increased by 6.1%, with an average rent of $525 over the last year. Units have experienced a more significant rise in rent by 13.3%, with an average rent of $425, reflecting a growing demand for rental accommodation in the area.

HousesUnits
Median price
Past 3 months
$780KN/A
Change in value
Past 12 months
3.7%-19.5%
Sold
Past 3 months
119
Median days on market
Past 12 months
8889
Average rent
Past 12 months
$500$425
Change in rent
Past 12 months
N/A10.4%

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Narooma demographics

Narooma, a picturesque coastal town on the South Coast of New South Wales, is renowned for its stunning beaches, vibrant marine life, and relaxed lifestyle. With a population of 2,731, Narooma offers a tranquil escape from the hustle and bustle of city life, making it an attractive destination for retirees and those seeking a slower pace. The median age of 58 reflects its appeal to older residents, who are drawn to the area's natural beauty and community-oriented atmosphere.

The housing landscape in Narooma is characterized by a high rate of outright home ownership, with 55.1% of properties owned outright. This indicates a stable community with many long-term residents. Additionally, 19.4% of properties are owned with a mortgage, while 25.5% are rented, providing options for both permanent residents and those looking for temporary accommodation. The median total household income of $926 per week suggests a modest but comfortable lifestyle, typical of a regional town.

Family structures in Narooma are diverse, with 59.7% of couple families having no children, reflecting the suburb's appeal to empty nesters and retirees. Meanwhile, 23.2% of families are couples with children, and 16.4% are one-parent families, indicating a supportive environment for families of all types. The town's community spirit, combined with its natural attractions and relaxed pace, makes Narooma a charming and inviting place to call home.

Suburbs near Narooma

Some popular suburbs near Narooma include:

How does Narooma compare to nearby suburbs?

  • Median house prices: Narooma’s median house price is 9.0% lower than Dalmeny’s.
  • House price growth: Over the past 12 months, house prices in Narooma have grown 13.0% higher than in North Narooma.
  • Selling speed for houses: Properties in Narooma are selling 52.4% faster than in North Narooma.

Choose the right real estate agents in Narooma

There are 11 real estate agents in Narooma, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 85.5% of all sales in the past year.

Commission rates in Narooma typically range from 2.5% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.